Analyst - Costing

4 weeks ago

Bengaluru, India Momentive Full time

Job Title:

Analyst - Costing

Summary:

The incumbent of this position will play a key role in optimizing cost management processes, influencing key business decisions, and driving our global success as part of MBS
Should play a key role to delivering consistent quality inputs to stakeholders across Business, Commercial, and Operations.
Responsible for analysis of various key drivers related to operational efficiency. Ensure timely and accurate flow of reporting to control functions. Maintain close working relationship and support to Sector Operations Finance Leaders.

Responsibilities Include:

Tasks and responsibilities of the position:

Please specify if responsibilities are Global and/or Regional and/or Local.

Standard Cost Management: Develop, maintain, and continuously improve standard cost models to ensure accuracy and efficiency in cost calculations across diverse manufacturing operations. Perform adequate testing and report & analyze results during Actual Costing Implementation project Actual Cost Analysis: Perform detailed analysis of actual costs, investigating discrepancies and variances to provide actionable insights for cost optimization strategies. Variance Analysis: Conduct thorough variance analysis, highlighting key drivers and collaborating with stakeholders to implement corrective actions where needed. Query Resolution & Discrepancy Management: Manage and resolve cost-related queries, variances between Standard & Actual and other discrepancies promptly, ensuring accurate financial reporting. Multi-Plant Coordination: Coordinate with teams across multiple plants to gather data, harmonize cost accounting practices, and streamline reporting processes. Collaboration & Engagement: Work closely with business, commercial, and product managers, providing valuable cost insights and fostering collaborative decision-making

Decision Making Authority:

Low-Medium

Key Metrics Role is Accountable For:

Standard Cost monitoring Actual Cost Analysis impact Testing & Variance Efficiency Query and Discrepancy resolution time Proactive Engagement and Collaboration

Key Relationships:

Business, Commercial, Operations, Product Managers, IT

Travel Requirements

As per Business Need

Basic Qualifications:

Qualified Cost Accountant with min 4-5 years of experience in cost accounting, variance analysis, and standard cost management within a manufacturing environment Proficiency in SAP systems and advanced Excel skills for data analysis and reporting. Strong communication skills to engage effectively with stakeholders at various levels. Ability to thrive in a fast-paced, dynamic environment, managing multiple priorities with attention to detail

Preferred Qualifications:

Experience in TABLEAU & PowerBI with be a plus

Core Competencies:

Please select the relevant core competencies for this role; refer

Strategic Focus & Direction

 Focusing on the Customer  Increasing Global Effectiveness  Furthering Business Knowledge

Personal Leadership

 Embracing a Safety Mindset  Influencing  Challenging

Trust & Teamwork

 Collaborating Inclusively  Communicating Effectively

Achieves Business Results

Applying Project Management Executing Making Fact-Based Decisions Demonstrating Agility

Qualifications:

The following are required for the role

What We Offer:

At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact.Join our Momentive team to open a bright future. #BePartoftheSolution

About Us:

Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer’s products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.

Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law. 

To be considered for this position candidates are required tosubmit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.

Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.

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